ethical healthcare ltd
ethical healthcare ltd Company Information
Company Number
13552449
Next Accounts
Jan 2026
Shareholders
ethical healthcare trustees limited
thomas webb
View AllGroup Structure
View All
Industry
Computer consultancy activities
Registered Address
148 rose bowl portland crescent, leeds, LS1 3HB
Website
-ethical healthcare ltd Estimated Valuation
Pomanda estimates the enterprise value of ETHICAL HEALTHCARE LTD at £1.2m based on a Turnover of £1.7m and 0.67x industry multiple (adjusted for size and gross margin).
ethical healthcare ltd Estimated Valuation
Pomanda estimates the enterprise value of ETHICAL HEALTHCARE LTD at £0 based on an EBITDA of £-72.2k and a 4.84x industry multiple (adjusted for size and gross margin).
ethical healthcare ltd Estimated Valuation
Pomanda estimates the enterprise value of ETHICAL HEALTHCARE LTD at £337.9k based on Net Assets of £145k and 2.33x industry multiple (adjusted for liquidity).
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Ethical Healthcare Ltd Overview
Ethical Healthcare Ltd is a live company located in leeds, LS1 3HB with a Companies House number of 13552449. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in August 2021, it's largest shareholder is ethical healthcare trustees limited with a 29% stake. Ethical Healthcare Ltd is a startup, small sized company, Pomanda has estimated its turnover at £1.7m with unknown growth in recent years.
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Ethical Healthcare Ltd Health Check
Pomanda's financial health check has awarded Ethical Healthcare Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £1.7m, make it larger than the average company (£1.2m)
- Ethical Healthcare Ltd
£1.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ethical Healthcare Ltd
- - Industry AVG
Production
with a gross margin of 46.1%, this company has a comparable cost of product (46.1%)
- Ethical Healthcare Ltd
46.1% - Industry AVG
Profitability
an operating margin of -4.2% make it less profitable than the average company (5.8%)
- Ethical Healthcare Ltd
5.8% - Industry AVG
Employees
with 20 employees, this is above the industry average (10)
20 - Ethical Healthcare Ltd
10 - Industry AVG
Pay Structure
on an average salary of £58.8k, the company has an equivalent pay structure (£58.8k)
- Ethical Healthcare Ltd
£58.8k - Industry AVG
Efficiency
resulting in sales per employee of £86.3k, this is less efficient (£127.7k)
- Ethical Healthcare Ltd
£127.7k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is earlier than average (60 days)
- Ethical Healthcare Ltd
60 days - Industry AVG
Creditor Days
its suppliers are paid after 119 days, this is slower than average (27 days)
- Ethical Healthcare Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ethical Healthcare Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 47 weeks, this is more cash available to meet short term requirements (17 weeks)
47 weeks - Ethical Healthcare Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.5%, this is a higher level of debt than the average (55.4%)
92.5% - Ethical Healthcare Ltd
55.4% - Industry AVG
ETHICAL HEALTHCARE LTD financials
Ethical Healthcare Ltd's latest turnover from April 2024 is estimated at £1.7 million and the company has net assets of £145 thousand. According to their latest financial statements, Ethical Healthcare Ltd has 20 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Feb 2022 | |
|---|---|---|---|
| Turnover | |||
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | |||
| Tax | |||
| Profit After Tax | |||
| Dividends Paid | |||
| Retained Profit | |||
| Employee Costs | |||
| Number Of Employees | 20 | 10 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Feb 2022 | |
|---|---|---|---|
| Tangible Assets | 8,056 | 4,415 | |
| Intangible Assets | |||
| Investments & Other | 7 | ||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 8,056 | 4,415 | 7 |
| Stock & work in progress | |||
| Trade Debtors | 180,820 | 1,284,206 | |
| Group Debtors | |||
| Misc Debtors | 111,096 | 134,922 | |
| Cash | 1,629,518 | 1,334,905 | |
| misc current assets | |||
| total current assets | 1,921,434 | 2,754,033 | |
| total assets | 1,929,490 | 2,758,448 | 7 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 305,862 | 570,573 | |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 1,476,210 | 2,046,186 | |
| total current liabilities | 1,782,072 | 2,616,759 | |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | 2,450 | 944 | |
| total long term liabilities | 2,450 | 944 | |
| total liabilities | 1,784,522 | 2,617,703 | |
| net assets | 144,968 | 140,745 | 7 |
| total shareholders funds | 144,968 | 140,745 | 7 |
| Apr 2024 | Apr 2023 | Feb 2022 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | -1,127,212 | 1,419,128 | |
| Creditors | -264,711 | 570,573 | |
| Accruals and Deferred Income | -569,976 | 2,046,186 | |
| Deferred Taxes & Provisions | 1,506 | 944 | |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | -7 | 7 | |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | |||
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 294,613 | 1,334,905 | |
| overdraft | |||
| change in cash | 294,613 | 1,334,905 |
ethical healthcare ltd Credit Report and Business Information
Ethical Healthcare Ltd Competitor Analysis
Perform a competitor analysis for ethical healthcare ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in LS1 area or any other competitors across 12 key performance metrics.
ethical healthcare ltd Ownership
ETHICAL HEALTHCARE LTD group structure
Ethical Healthcare Ltd has no subsidiary companies.
Ultimate parent company
ETHICAL HEALTHCARE LTD
13552449
ethical healthcare ltd directors
Ethical Healthcare Ltd currently has 4 directors. The longest serving directors include Mr Thomas Webb (Aug 2021) and Mr Ian Sharp (Aug 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Webb | England | 43 years | Aug 2021 | - | Director |
| Mr Ian Sharp | 57 years | Aug 2021 | - | Director | |
| Mr Andrew Kinnear | England | 56 years | Aug 2021 | - | Director |
| Mrs Anne Cooper | 61 years | Aug 2021 | - | Director |
P&L
April 2024turnover
1.7m
-64%
operating profit
-72.2k
0%
gross margin
46.1%
-6.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
145k
+0.03%
total assets
1.9m
-0.3%
cash
1.6m
+0.22%
net assets
Total assets minus all liabilities
Similar Companies
ethical healthcare ltd company details
company number
13552449
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
August 2021
age
4
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
April 2024
previous names
N/A
accountant
SUMER AUDITCO LIMITED
auditor
-
address
148 rose bowl portland crescent, leeds, LS1 3HB
Bank
-
Legal Advisor
-
ethical healthcare ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to ethical healthcare ltd.
ethical healthcare ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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ethical healthcare ltd Companies House Filings - See Documents
| date | description | view/download |
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